Trump says no deadline for China trade deal

[demmiblue]

Source: The Hill

President Trump said Tuesday that he doesn’t have a deadline for reaching a trade agreement with China and “in some ways” it might be better to wait until after the 2020 election to reach a deal.

“I don’t have a deadline,” Trump told reporters during a meeting with NATO Secretary General Jens Stoltenberg in London. “In some ways, I think it’s better to wait until after the election with China."

“But they want to make a deal now, and we’ll see whether or not the deal’s going to be right, it’s got to be right,” Trump said.

Trump was asked about ongoing trade discussions with China on the sidelines of a NATO summit in London.

Read more: https://thehill.com/homenews/administration/472731-trump-says-no-deadline-for-china-trade-deal

[Canoe52]

1. It's not his money that being lost because of the trade war...

[beachbumbob]

2. markets been run up on the hype of the "deal" being made, so now we can watch the decline

China is becoming more pissed as trump has been blowing smoke the entire time.

[Laura PourMeADrink]

3. Hmm...looking at implied open and it -229. He isn't

gonna do anything, right? Just woke up and saw CNBC headline...trump "better to wait til after election!

JHC another issue he's given up on. Put it with healthcare in the "things even I realize are just too hard" category!

[beachbumbob]

4. at 4am it was +40 until trump opened his mouth, again

as its always about trump

[Laura PourMeADrink]

5. So does it mean tariffs still ON? For 12-15

[beachbumbob]

7. who knows?

[Laura PourMeADrink]

10. Lol. It must be... otherwise market wouldn't be down. Would

Love to see who sold large blocks of affected stock yesterday. i.e. his cronies

[PatSeg]

12. My thoughts exactly

Which of his pals were selling short this morning? We've seen this routine before.

[beachbumbob]

13. too bad SEC is about worthless under a trump admin, you know its all manipulation

and trump insiders are cashing in

[PatSeg]

14. Yes, from day one

Years ago the SEC was something to be feared. I remember the panic whenever there was an upcoming audit as they left no stone unturned. Everyone was a nervous wreck. Of course that was years ago, before republican deregulation of anything and everything for the benefit of wealthy donors.

[beachbumbob]

15. been ruined for 20 years plus

and obama did little to fix it as we all know the fraud and corruption of the housing market crash had little investigations and less prosecutions. Sad state of govt, FCC, IRS, SEC, FTC and all others pretty much worthless

[PatSeg]

17. No one was held accountable

thus insuring that it will happen again. "We can do whatever we want and the taxpayers will bail us out." No wonder we see corruption everywhere we look. Why bother following the rules? No one will go to jail.

[Maxheader]

6. It must have been a real bitch for stumpy..

whether to make an appearance for democracy, though the bastard could really care less..OR

Tick off the chinese and hurt the trade negotiations...

[beachbumbob]

8. clearly a tactic to "swoop" in at some point and be the hero

meanwhile, the Chinese are learning to distrust trump and america more and more

[Maxheader]

16. And the traitor will swoop...!

regardless of the truth...like saying there was a truce with the taliban?

[KY_EnviroGuy]

9. "Trump says" has a very hollow ring to us just watching politics but...

markets obviously have a different set of sensitivities. Who in their right mind would put so much weight on what any politician says on social media?

Oh wait.....this is the same stock market that often crashed and saw suicides over Greenspan's every syllable.......

[LogicFirst]

11. 7:40 A.M. Arizona time

Market down $338.52.